Which of the following taxpayers are liable to pay the Medicare levy surcharge? Select one: A. Ian has a taxable income of $20,000, is single without dependants and doesn't have private health insurance B. Susan and Murray have a combined taxable income of $95,000, four children aged two to 10, and hold private health insurance (hospital cover) C. Vlad and Wilma have a combined taxable income of $310,000, two children under 18 and do not hold private health insurance D. Amelia has a taxable income of $65,000, is a sole parent to Charlie (5) and holds private health insurance (hospital cover)

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter2: Gross Income And Exclusions
Section: Chapter Questions
Problem 7MCQ: Malin is a married taxpayer and has three dependent children. Malin's employer offers health...
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Which of the following taxpayers are liable to pay the Medicare levy surcharge?

Select one:
A.

Ian has a taxable income of $20,000, is single without dependants and doesn't have private health insurance

B.

Susan and Murray have a combined taxable income of $95,000, four children aged two to 10, and hold private health insurance (hospital cover)

C.

Vlad and Wilma have a combined taxable income of $310,000, two children under 18 and do not hold private health insurance

D.

Amelia has a taxable income of $65,000, is a sole parent to Charlie (5) and holds private health insurance (hospital cover)

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